New Delhi, Dec 10 (IBNS): Prime Minister Narendra Modi’s bold drive to take the economy into a ‘less cash’ mode through a multi-pronged strategy would not only check the menace of black money and corruption but would also lead to a large part of the informal economy into the organised sector , said ASSOCHAM President Sunil Kanoria.
New Delhi, Nov 16 (IBNS): Indian Steel Sector’s contribution to overall Gross Domestic Product of the country is nearly 2% during 2015-16.
Demonetisation a Masterstroke, Give it time to play out: CII
New Delhi, Nov 13 (IBNS): The recent move by the government to demonetise high denomination notes is likely to have far-reaching impact, striking a blow at the heart of the illegal economy.
Economy set to perform better in 2nd half of FY 16: ASSOCHAM Bizcon survey
New Delhi, Nov 1 (IBNS): Indian economy would be performing better in the second half of the current fiscal and the trend appears to have begun from the quarter beginning October, 2016 with 66.7 per cent of the latest ASSOCHAM Bizcon Survey respondents expecting uptick in sales, capacity utilization, though positivity on fresh investment is tentative.
Suresh Prabhu says India's fourth industrial revolution is inclusive
New Delhi, Oct 6 (IBNS): Addressing a gathering at the India Economic Summit on Wednesday, Indian Railway Minister Suresh Prabhu the country is witnessing a fourth industrial revolution but with inclusiveness.
Budget 2016 fails to boost Indian market sentiment
Mumbai, Feb 29 (IBNS) The Union Budget 2016, presented on Monday, by finance minister Arun Jaitley has been hailed by many, including prime minister Narendra Modi, as a pro-village, pro-poor, and pro-farmer, but it could not boost the market sentiments leading to a sharp decline in the benchmark indices.
Indian economy needs to create safe and productive well-paying jobs: Economic Survey
New Delhi, Feb 26 (IBNS) The Economic Survey 2015-2016 tabled at the Parliament on Friday stressed that to meet the growing aspiration of those entering the labor force, India's economy needs to create enough "good jobs"- jobs that are safe and pay well, and encourage firms and workers to improve skills and productivity.
Economic Survey indicates Indian economy likely to see fastest growth in 2016
New Delhi, Feb 25 (IBNS) India’s economy is stable and it continues to be the land of opportunity said Union finance minister Arun Jaitley while presenting the Economic Survey 2015-16 at the Parliament on Friday.
Taipei delegation expresses confidence in Indian economy
Mumbai, May 15 (IBNS) A 20-member delegation from Taiwan, led by Chien-Nan Kuo, CEO Yu Tong Steel reached out to the Indian investors and members of World Trade Centre Mumbai.
Economic Survey projects over 8 pc GDP growth in 2015-16
New Delhi, Feb 27 (IBNS) The Economic Survey 2014-15 tabled in Parliament on Friday ahead of the General Budget said the GDP growth at constant market prices is expected to accelerate to between 8.1 and 8.5 percent in 2015-16, indicating that it is time for big bang reforms.